MOBEN'S: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MOBEN'S
Largest movements
- Stocks and contracts +€7,716
up €7,716 (+42.8%), from €18,042 to €25,757
- Tangible fixed assets +€2,476
up €2,476 (+78.3%), from €3,163 to €5,639
- Receivables within one year -€431
no longer reported in 2025 (was €431)
- Other debts +€24,685
up €24,685 (+1333.4%), from €1,851 to €26,537
- Profit (loss) carried forward -€14,426
new in 2025: -€14,426
- Tax, wage and social debts +€794
up €794 (+39.0%), from €2,037 to €2,831
- Trade debts -€774
no longer reported in 2025 (was €774)
- Advances received -€457
no longer reported in 2025 (was €457)
- Gross operating margin -€14,937
down €14,937, from €2,628 to -€12,309
- Depreciation +€688
up €688 (+60.8%), from €1,132 to €1,820
- Taxes -€425
no longer reported in 2025 (was €425)
- Other operating charges +€201
new in 2025: €201
- Financial income -€178
no longer reported in 2025 (was €178)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,253 | €36,075 | +€9,822 | +37.4% |
| Formation expenses | 20 | €1,109 | €813 | -€296 | -26.7% |
| Fixed assets | 21/28 | €3,163 | €5,639 | +€2,476 | +78.3% |
| Tangible fixed assets | 22/27 | €3,163 | €5,639 | +€2,476 | +78.3% |
| Furniture and vehicles | 24 | €3,163 | €5,639 | +€2,476 | +78.3% |
| Current assets | 29/58 | €21,980 | €29,623 | +€7,642 | +34.8% |
| Stocks and contracts in progress | 3 | €18,042 | €25,757 | +€7,716 | +42.8% |
| Stocks | 30/36 | €18,042 | €25,757 | +€7,716 | +42.8% |
| Amounts receivable within one year | 40/41 | €431 | - | -€431 | |
| Trade receivables | 40 | €431 | - | -€431 | |
| Cash at bank and in hand | 54/58 | €3,507 | €3,865 | +€358 | +10.2% |
| Total equity and liabilities | 10/49 | €26,253 | €36,075 | +€9,822 | +37.4% |
| Equity | 10/15 | €21,134 | €6,708 | -€14,426 | -68.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,134 | €1,134 | = | 0.0% |
| Distributable reserves | 133 | €1,134 | €1,134 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,426 | -€14,426 | |
| Amounts payable | 17/49 | €5,119 | €29,367 | +€24,248 | +473.7% |
| Amounts payable within one year | 42/48 | €5,119 | €29,367 | +€24,248 | +473.7% |
| Trade debts | 44 | €774 | - | -€774 | |
| Suppliers | 440/4 | €774 | - | -€774 | |
| Advances received on contracts in progress | 46 | €457 | - | -€457 | |
| Taxes, remuneration and social security | 45 | €2,037 | €2,831 | +€794 | +39.0% |
| Taxes | 450/3 | €2,037 | €2,831 | +€794 | +39.0% |
| Other amounts payable | 47/48 | €1,851 | €26,537 | +€24,685 | +1333.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,132 | €1,820 | +€688 | +60.8% |
| Other operating charges | 640/8 | - | €201 | +€201 | |
| Gross operating margin | 9900 | €2,628 | -€12,309 | -€14,937 | |
| Operating profit (loss) | 9901 | €1,496 | -€14,330 | -€15,826 | |
| Financial income | 75/76B | €178 | - | -€178 | |
| Recurring financial income | 75 | €178 | - | -€178 | |
| Financial charges | 65/66B | €116 | €96 | -€19 | -16.8% |
| Recurring financial charges | 65 | €116 | €96 | -€19 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €1,559 | -€14,426 | -€15,985 | |
| Income taxes | 67/77 | €425 | - | -€425 | |
| Profit (loss) for the period | 9904 | €1,134 | -€14,426 | -€15,560 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,134 | -€14,426 | -€15,560 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.